Are Jacksonville home prices expected to drop further?

Nobody can honestly promise a specific direction. Prices are down modestly year over year, not falling sharply, and the market is described as balanced to slightly seller-favoring by most current reporting — not a buyer's market in the way the term usually implies.

How many days does it actually take to buy a house in Jacksonville right now?

It depends heavily on the specific home. Current data shows a real split: well-priced homes in strong areas can go under contract in under two weeks, while others sit for three months or more. The citywide average sits somewhere in between and can be misleading on its own.

Is Jacksonville still a buyer's market or a seller's market?

Most current data puts it close to balanced, with a slight lean toward sellers overall — but this varies meaningfully by neighborhood and price point, which is why a citywide label only tells part of the story.

Should I wait for mortgage rates to drop before buying?

That's a real financial trade-off, not a simple yes or no — rates have actually trended up, not down, through this fall. A monthly-payment conversation based on your actual numbers is more useful than a guess about where rates go next.

275 SWEET PINE Trail, Ponte Vedra, FL 32081 (MLS# 837951)

275 SWEET PINE Trail, Ponte Vedra, FL 32081

$369,410

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,861 Status: Closed

Current Price: $369,410 List Date: 7/15/2016 Last Modified: 1/01/2025

Overview

Listing Details MLS# 837951

General Property Information

Bedrooms Total: 2
Bathrooms Full: 2
Bathrooms Total: 2
Living Area: 1861
Living Area Source: Public Records
Year Built: 2016
Association YN: Yes
Association Fee: 160
Association Fee Frequency: Monthly
CDD Fee YN: Yes
CDD Fee Amount: 1241
New Construction YN: Yes
Garage Spaces: 2
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories: Yes
List Price/SqFt: 170.66
Sold Price/SqFt: 198.5

Property Features

Approx Parcel Size: Less than .25 Acre Architectural Style: Traditional Cooling: Central Air; Electric Heating: Central; Electric Water Source: Public Sewer: Public Sewer Pool Features: None Parking Features: Attached; Garage Current Use: Residential; Single Family Possession: Negotiable

Contract Information

Property Sub Type: Single Family Residence
Property Attached YN: No
Listing Contract Date: 2016-07-14

Location Tax and Legal

Street Number: 275
Street Name: SWEET PINE
Street Suffix: Trail
County: St. Johns
State: FL
Postal Code: 32081
MLS Area Major: 272-Nocatee South
Subdivision Name: Del Webb Ponte Vedra

Status Change Information

Major Change Timestamp: 2016-11-30T13:24:58Z
Major Change Type: Status Change
Purchase Contract Date: 2016-07-15
Close Date: 2016-11-29
Close Price: 369410

More Information

Listing Office: NON MLS (realMLS)

Last Updated: January - 01 - 2025

Information deemed reliable but not guaranteed.

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Zelda Greenberg is a real estate agent affiliated with Legacy Realty Group North Florida, Inc., a licensed real estate brokerage that abides by equal housing opportunity laws. This is not intended to solicit property already listed. All material presented is intended for informational purposes only. Information is compiled from sources that are deemed reliable but subject to price changes, condition, sale, withdrawal, and errors & omissions.

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